Maverick County, Texas. - The North American Development Bank (NADB) and Maverick County have signed loan and grant agreements totaling $2.91 million to support a project for the expansion of El Indio Municipal Solid Waste Facility (MSWF) that serves the entire county. The project will benefit all 54,258 residents by providing additional capacity to continue managing the proper disposal of approximately 150 tons of solid waste a day.
Coronado, California – The North American Development Bank (NADB) and the local water utility, Comisión Estatal de Servicios Públicos de Tijuana (CESPT) have signed a US$2.42 million grant agreement to continue the rehabilitation of a deteriorated section of the collector main “Colector Poniente”, located in the northwestern area of the city of Tijuana, and to help reduce transboundary wastewater flows affecting the Cali-Baja region.
Ciudad Juárez, Chihuahua – The Board of Directors of the North American Development Bank (NADB) approved US$10.5 million in loans and grants to support three new projects in the areas of wastewater and solid waste management, which will benefit communities on both sides of the U.S.-Mexico border.
Monterrey, Nuevo León. – The North American Development Bank (NADB) announced that its Board of Directors approved a loan for up to $1.98 billion pesos (US$122.62 million) for Regiotren, S.A. de C.V., (Regiotren) to finance the acquisition of electric cars for Metrorrey Light Rail Transit Line No. 3 in Monterrey, Nuevo Leon
Willcox, Arizona – The City of Willcox celebrated the completion of improvements to its wastewater treatment plant (WWTP), which will increase the quality of the effluent discharged to Cochise Lake, as well as better wastewater treatment services for 100% of the community. NADB provided a US$4.7 million grant for plant improvements.
The water utility in Soto la Marina, Tamaulipas, to receive US$250,000 grant from the North American Development Bank. Approximately 135 residents to have first-time access to water service.
San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. Fitch’s annual rating assessment reflects the Bank’s excellent capital position, controlled asset growth and strong risk management with conservative limits for leverage and liquidity.
NADB provided US$1.89 million construction grant for wastewater collection components and sewer connections. The project provides first-time services to colonias in Hidalgo County, Texas.
Brownsville, Texas – A ribbon-cutting ceremony took place this afteroon to commemorate the completion of a wastewater collection system and residential connections in the FM 511-802 Colonias to provide service to more than 2,200 residents in the southeastern area of the city of Brownsville, Texas.